3 Bed Terraced House (Landed) for Rent in Serangoon Garden Estate

The valuation of the HDB Executive apartment in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $971,704, translating to a price per square foot (PSF) of $694. This valuation reflects a market signal that is in line with the baseline, indicating a stable demand for properties in this region. The 0% difference from the baseline suggests that the current asking price is well-aligned with recent market trends, reinforcing the notion of a balanced market where buyers and sellers have reached a consensus on property values.

Our analysis is bolstered by a robust dataset comprising 115 recent HDB resale transactions in the vicinity, which underpins the model's high confidence level. The Serangoon area is noted for its strategic location and amenities, contributing to its desirability among potential buyers. The remaining lease of 75 years is an essential factor, as properties with extended leases typically command higher values, reflecting long-term investment viability. As such, this valuation not only serves as an indication of the property's current worth but also embodies the broader dynamics of the HDB market in Singapore, where lease duration and location play pivotal roles in shaping buyer sentiment and pricing strategies.